coronavirus
Fashion
Bata India Q1 results: Net loss at Rs 101 cr as sales hit by lockdown
Shoemaker Bata India Ltd on Friday reported a consolidated net loss of Rs 100.88 crore for the first quarter ended June 2020 as sales were hit by the coronavirus-related lockdowns.
According to a PTI report: The company had posted a...
Retail
The New Mantra: Future of SMEs post-COVID-19
While the novel Coronavirus has wreaked havoc upon the organised world, it has also ushered an opportunity for the new tides of transformation to emerge. This evidently bleak situation where businesses and institutions have suffered substantial losses on account...
Fashion
Hit by COVID, Bata says no layoffs so far but surging cases in some states cause for concern
Bata India Chairman Ashwani Windlass on Thursday said it has not laid off any employee so far, but admitted that there is not much clarity on “where the footwear major is heading” amid the raging COVID-19 pandemic.
According to a...
Retail
RBI move to allow loan restructuring to support retail industry: RAI
The Retailers Association of India (RAI) on Thursday said the Reserve Bank of India's (RBI) move to permit a one-time restructuring of loans amid the ongoing COVID-19 crisis will support the retail industry that has witnessed significant disruption over...
Fashion
Is coronavirus pandemic, a wake-up call for the apparel industry to undergo changes?
Even as the larger economy has taken a hit due to the ongoing pandemic and the resultant social containment measures, the apparel industry has been particularly scrambling to stay afloat. With overflowing inventories, canceled orders and sales hitting a...
Retail Hub
How malls are redefining shopping experiences in the next normal
The Shopping Centre industry all over the world is a catalyst of organised retail and a major contributor to the success of major drivers of the economy including Entertainment, Fashion, Cinema, F&B, Electronics, FMCG, and many more.
The onset of...
Fashion
Disastrous first quarter for the domestic garment industry: CMAI
The 3rd survey conducted by CMAI amongst its members reflects the crisis the domestic garment is going through, with 74 percent of its respondents seeing a 90 percent drop in sales for the quarter ending June 2020. An additional...
International News
Pandemic sales help Amazon post biggest profit in history
IANS -
Riding on surging online sales during the pandemic as people stayed home, Amazon reported solid second quarter results, registering a 40 percent increase in net sales to US$ 88.9 billion, compared with US$ 63.4 billion in the same period...
International News
Apple beats COVID blues, revenue up 11 pc in June quarter
IANS -
Beating the pandemic blues, Apple has posted US$ 59.7 billion in revenue for its fiscal 2020 third quarter ended June 27, an increase of 11 percent from the year-ago quarter, as iPhone sales beat the Wall Street estimates.
Apple's board...
Food
Dragged by extended lockdowns, FMCG sector to register flat growth in 2020: Nielsen
India's fast moving consumer goods (FMCG) sector is expected to witness flat growth in 2020 following severe and extended lockdowns, restrictions on manufacturing units, social distancing norms and store closures, according to data analytics firm Nielsen.
Earlier, on April 30,...
- Advertisement -
Latest News
Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
- Advertisement -